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Reports

Gaming GGR in Macau rises 1.7% in April 2025

Friday 02 de May 2025 / 12:00

2 minutos de lectura

(Macau).- According to data from the Gaming Inspection and Coordination Bureau (DICJ) released on Thursday, gross gaming revenue reached 18.86 billion patacas ($2.36 billion) last month, marking a 1.7% year-on-year increase.

Gaming GGR in Macau rises 1.7% in April 2025

Macau’s gaming revenue (GGR) rose unexpectedly in April, according to data from the Gaming Inspection and Coordination Bureau (DICJ), signaling a potential boost in tourism ahead of China’s Golden Week holiday.

This figure surpassed analyst expectations, which had projected a 1.25% decline, Bloomberg says. Despite the improvement, April’s revenue remains approximately 20% below pre-pandemic levels recorded in 2019.

Tourism played a key role in April’s performance, with Macau welcoming around 520,000 visitors during the Easter holiday, a 28% increase from the previous year. March had already seen strong tourist activity with 3.1 million arrivals – roughly 91% of the city’s pre-pandemic volume – though April’s full data is still pending.

The real test, however, will come during the five-day Labor Day holiday, beginning Thursday, which historically draws a significant influx of mainland Chinese tourists. Analysts anticipate a 1% drop in gaming revenue for May, citing broader economic uncertainties, Bloomberg reports.

JPMorgan analysts, including DS Kim, cited by Bloomberg, noted that while Macau is not directly affected by U.S. tariffs on Chinese goods, the city could feel the impact of a slowing Chinese economy and weakening yuan. These second-order effects may dampen consumer spending, including gaming. Meanwhile, stagnant gaming growth is straining casino margins.

The combined profits of Macau’s six major gaming operators are expected to fall by 5% in the first quarter. Reflecting broader concerns, the Bloomberg Intelligence index for Macau casinos dropped 6.5% in April, compared to a 4.3% decline in the Hang Seng Index.

Categoría:Reports

Tags: Sin tags

País: Macao

Región: Asia

Event

GAT EXPO CARTAGENA 2025

28 de April 2025

26th edition of GAT Expo Cartagena closed with great success

(Cartagena de Indias).- The most important fair for the gaming, entertainment, technology and Esports industry in Latin America ended with an excellent commercial balance and testimonials of satisfaction from suppliers and operators, local and international authorities, associations and the main trade unions in the region.

Friday 02 May 2025 / 12:00

Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia

(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.

Wednesday 30 Apr 2025 / 12:00

GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena

(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.

Wednesday 30 Apr 2025 / 12:00

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